What to do if I want to void my lease with the landlord before move in?

I recently signed a rental agreement with a landlord. However I am having serious doubts as, on searching online I found the property owner listed as another person. Also the property is listed for sale on multiple local realtor sites. I asked the landlord and did not get a straight answer. I have yet not paid the security deposity and my move in date is about 2 weeks further out. What are my options? Can I void the lease signed by us?

Asked on July 30, 2012 under Real Estate Law, North Carolina

Answers:

FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney

Answered 8 years ago | Contributor

If you have a signed lease for the unit that you are writing about, you are contractually obligated to fulfill the terms of the lease even if the property is for sale and later sold. If the unit is sold and you have time remaining on your lease for the rental, the new owner takes ownership of the property subject to your lease where you get to stay until your lease is over.

For further questions that you may have, I suggest that you consult with a landlord tenant attorney.


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